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Portrait of Martin Wodraschke

Martin Wodraschke

Partner
Co-Head of CMS Auto-Tech Group and Co-Head of CEE German Practice

CMS Cameron McKenna Nabarro Olswang LLP Magyarországi Fióktelepe
YBL Palace
Károlyi utca 12
1053 Budapest
Hungary
Languages German, English, Hungarian, Italian

Martin Wodraschke is a partner at CMS Budapest, Co-Head of CEE German Practice and Co-Head of the CMS Auto-Tech Group. He is a German qualified lawyer and member of the Budapest and Munich Bar Associations.

His areas of expertise is M&A, commercial, corporate and liquidation with specific understanding of the automotive sector. Martin has 15 years' experience in leading and co-ordinating cross border M&A and sales transactions and commercial roll-outs in Hungary and CEE.

Besides he advises investors on their business activities in Hungary and the CEE region. Martin provides his clients with insight into the local legal customs, which are relevant to German entities investing in or having their business activities in Hungary.

As an expert in the automotive sector, he advises various multinationals, both OEMs and suppliers, on a full range of issues.

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Relevant experience

  • AURELIUS Invest on acquisition of Coats Group and sale of Framochem.
  • German Embassy in Hungary on the purchase and reconstruction of the Ambassador’s residence in Budapest.
  • MAN FS on financing of truck-business in Hungary.
  • Kienle + Spiess / Sumitomo Group on vendor DD, restructuring measures and providing full service in all areas of law.
  • A group of German OEMs in relation to the liquidation of a major supplier.
  • MAGNA / COSMA Alu Structures on the purchase of BDW Group.
  • A major German OEM
    • on employment matters in CEE.
    • on commercial matters on a continuous basis in CS-EU countries.
    • on data protection and compliance issues across the region.
    • on an insolvency procedure against a supplier in CEE.
    • on financing used cars and demo cars.
  • Funkwerk AG on a procurement project.
  • EUROPART on general employment issues.
  • A major German healthcare gas supplier on its business units in CEE.
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Memberships & Roles

  • President, Alumni-Association of the Andrássy University Budapest
  • Member, IMD Alumni Club Austria / CEE
  • Member, Munich Bar Association
  • Member, Hungarian Bar Association
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Publications

  • Can Consumers still trust their cars? - Budapest Business Journal, VOL. 24, 13/2016.
  • Various possibilities – New investment incentives in Hungary / Regional separation of subsidies (article in German), In Ost-West-Contact 5/2015.
  • Chapter on Hungary in Handbook of the Societas Europaea (Handbook in German) 2014
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Education

  • 2016 (Ongoing) - Ph.D. on Legal Aspects of Autonomous Cars, Andrássy University, Budapest 
  • 2005 – LL.M., Andrássy University, Budapest
  • 2000 – Bar Exam, Landgericht München, Munich
  • 1998 – Master Degree in Law, Ludwig Maximilian University, Munich
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01 September 2020
CMS in Hun­gary
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21 May 2020
Autonom­ous vehicles law and reg­u­la­tion in Hun­gary
1. Is the test­ing of AVs (SAE Levels 3-5) per­mit­ted on pub­lic roads in your jur­is­dic­tion? Test­ing Levels 3-5 AVs on pub­lic roads in Hun­gary is per­mit­ted only where spe­cif­ic pri­or au­thor­isa­tion has been...
28 October 2019
Dis­tri­bu­tion law in Hun­gary
Agency Agree­ments Hun­gari­an law on Agency Agree­ments is set out in the Hun­gari­an Civil Code, which, in sec­tion 6:288 and fol­low­ing, in par­tic­u­lar im­ple­ments the re­quire­ments of EU law on Com­mer­cial Agents...
21 October 2019
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Hun­gary an­nounced an AI Ac­tion Plan, which ana­lysts are call­ing the first pil­lar of a na­tion­al AI strategy to define and form the in­sti­tu­tion­al frame­work of the Hun­gari­an data mar­ket and the AI eco­sys­tem...
24 January 2019
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24 January 2019
Auto­mot­ive in Trans­ition Con­fer­ence
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05 November 2018
Hun­gary's newly formed AI Co­ali­tion places na­tion on fast track to be a...
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08 May 2018
Green­field In­vest­ments in CEE 2018
To read Green­field In­vest­ments in CEE 2018, please click "Down­load" be­low.
5 October 2017
De­liv­er­ing ex­pert ad­vice on autotech
Autotech is an ex­cit­ing growth in­dustry with huge po­ten­tial. More than 12 mil­lion fully autonom­ous vehicles are ex­pec­ted to be sold each year by 2035.Autonom­ous and elec­tric vehicles are the hot­test top­ics...
23 May 2017
We­bin­ar: Del­eg­at­ing de­cisions to ma­chines
The CMS Com­mer­cial group is de­lighted to in­vite you to the second we­bin­ar for this year. This time our presenters will dis­cuss Del­eg­a­tion de­cisions to ma­chines – leg­al is­sues of ad­vanced man­u­fac­tur­ing...
14 December 2016
CEE Con­sumer Products Up­date
As the In­ter­net of Things con­tin­ues to emerge and to spread in­to every area of daily life, the reg­u­la­tion of leg­al as­pects con­nec­ted to these new tech­no­lo­gies be­comes more and more press­ing. The de­vel­op­ment...
01 November 2015
War­ranty law in sup­ply con­tracts in Hun­gary
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